Pomanda estimates the enterprise value of QX LIMITED at £4.1m based on a Turnover of £5.4m and 0.76x industry multiple (adjusted for size and gross margin).
qx limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of QX LIMITED at £0 based on an EBITDA of £-1.8m and a 5.01x industry multiple (adjusted for size and gross margin).
qx limitedEstimated Valuation
£2.9m
Pomanda estimates the enterprise value of QX LIMITED at £2.9m based on Net Assets of £1.5m and 1.96x industry multiple (adjusted for liquidity).
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Qx LimitedOverview
Qx Limited is a live company located in north yorkshire, BD23 1NJ with a Companies House number of 04957862. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in November 2003, it's largest shareholder is
qx holdings ltd
with a 100% stake. Qx Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£5.4m with
declining
growth in recent years.
Pomanda's financial health check has awarded Qx Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
2 Strong
3 Regular
6 Weak
Size
annual sales of £5.4m, make it larger than the average company (£832.5k)
£5.4m - Qx Limited
£832.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -14%, show it is growing at a slower rate (5.4%)
-14% - Qx Limited
5.4% - Industry AVG
Production
with a gross margin of 40.8%, this company has a comparable cost of product (40.8%)
40.8% - Qx Limited
40.8% - Industry AVG
Profitability
an operating margin of -33% make it less profitable than the average company (6.5%)
-33% - Qx Limited
6.5% - Industry AVG
Employees
with 15 employees, this is similar to the industry average (14)
15 - Qx Limited
14 - Industry AVG
Pay Structure
on an average salary of £28.3k, the company has an equivalent pay structure (£28.3k)
£28.3k - Qx Limited
£28.3k - Industry AVG
Efficiency
resulting in sales per employee of £360.1k, this is more efficient (£72.3k)
£360.1k - Qx Limited
£72.3k - Industry AVG
Debtor Days
it gets paid by customers after 63 days, this is later than average (28 days)
63 days - Qx Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 21 days, this is quicker than average (40 days)
21 days - Qx Limited
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Qx Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 2 weeks, this is less cash available to meet short term requirements (59 weeks)
2 weeks - Qx Limited
59 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 71.5%, this is a higher level of debt than the average (40.4%)
71.5% - Qx Limited
40.4% - Industry AVG
QX LIMITED financials
EXPORT
Qx Limited's latest turnover from March 2023 is estimated at £5.4 million and the company has net assets of £1.5 million. According to their latest financial statements, Qx Limited has 15 employees and maintains cash reserves of £149.3 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
5,401,272
5,468,168
3,053,690
8,456,042
11,909,322
20,103,907
15,151,424
8,396,688
8,521,258
6,192,980
5,335,670
4,679,631
3,487,435
2,398,051
Other Income Or Grants
Cost Of Sales
3,199,418
3,276,942
1,871,055
5,097,425
7,132,832
12,210,022
8,943,977
4,907,744
5,049,815
3,671,142
3,047,149
2,716,028
1,943,039
1,349,392
Gross Profit
2,201,854
2,191,226
1,182,635
3,358,618
4,776,490
7,893,885
6,207,448
3,488,944
3,471,443
2,521,838
2,288,522
1,963,603
1,544,395
1,048,659
Admin Expenses
3,986,475
1,712,784
260,746
2,591,902
4,355,808
6,515,377
6,238,628
3,622,724
3,373,199
2,792,085
2,275,797
1,824,973
1,537,002
676,963
Operating Profit
-1,784,621
478,442
921,889
766,716
420,682
1,378,508
-31,180
-133,780
98,244
-270,247
12,725
138,630
7,393
371,696
Interest Payable
16,875
15,250
Interest Receivable
12,822
7,722
853
115
539
140
195
782
611
760
922
463
328
143
Pre-Tax Profit
-1,771,799
469,289
907,493
766,831
421,221
1,378,648
-30,985
-132,998
98,854
-269,487
13,647
139,093
7,721
371,839
Tax
-89,165
-172,424
-145,698
-80,032
-261,943
-20,759
-3,275
-36,164
-2,162
-104,115
Profit After Tax
-1,771,799
380,124
735,069
621,133
341,189
1,116,705
-30,985
-132,998
78,095
-269,487
10,372
102,929
5,559
267,724
Dividends Paid
Retained Profit
-1,771,799
380,124
735,069
621,133
341,189
1,116,705
-30,985
-132,998
78,095
-269,487
10,372
102,929
5,559
267,724
Employee Costs
423,935
271,359
203,491
199,219
198,223
7,817,450
5,915,020
3,424,817
3,571,673
2,695,082
2,323,143
1,990,541
1,455,451
836,313
Number Of Employees
15
10
8
8
8
326
247
137
144
109
94
81
60
34
EBITDA*
-1,776,968
487,289
933,021
778,206
434,711
1,393,568
-11,680
-114,768
106,697
-260,546
23,789
149,272
20,679
377,357
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
22,960
26,544
33,387
34,468
42,088
45,181
58,497
57,033
25,358
29,103
33,189
33,090
39,860
53,146
Intangible Assets
Investments & Other
12,980
12,980
2,319,881
1,881,859
1,336,116
1,086,785
12,305
11,060
11,060
11,060
11,060
11,060
11,060
11,060
Debtors (Due After 1 year)
Total Fixed Assets
35,940
39,524
2,353,268
1,916,327
1,378,204
1,131,966
70,802
68,093
36,418
40,163
44,249
44,150
50,920
64,206
Stock & work in progress
Trade Debtors
934,878
727,031
542,469
1,307,110
1,874,801
2,036,891
1,523,077
814,254
871,784
625,996
568,397
538,029
422,251
293,571
Group Debtors
3,821,637
3,837,733
91,499
Misc Debtors
268,082
291,159
137,174
15,462
Cash
149,325
454,068
1,605,074
101,827
128,082
15,527
40,562
115,428
197,543
46,662
257,471
111,516
73,766
57,288
misc current assets
total current assets
5,173,922
5,309,991
2,376,216
1,418,012
2,018,345
2,052,418
1,563,639
929,682
1,069,327
672,658
825,868
649,545
496,017
350,859
total assets
5,209,862
5,349,515
4,729,484
3,334,339
3,396,549
3,184,384
1,634,441
997,775
1,105,745
712,821
870,117
693,695
546,937
415,065
Bank overdraft
500,000
Bank loan
Trade Creditors
189,516
1,311,619
58,439
1,188,188
1,877,356
2,006,380
1,573,142
905,491
880,463
565,634
453,443
287,393
243,564
117,251
Group/Directors Accounts
1,940,970
508,308
803,189
other short term finances
hp & lease commitments
other current liabilities
1,595,656
274,069
492,461
total current liabilities
3,726,142
2,093,996
1,854,089
1,188,188
1,877,356
2,006,380
1,573,142
905,491
880,463
565,634
453,443
287,393
243,564
117,251
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
5,825
provisions
total long term liabilities
5,825
total liabilities
3,726,142
2,093,996
1,854,089
1,194,013
1,877,356
2,006,380
1,573,142
905,491
880,463
565,634
453,443
287,393
243,564
117,251
net assets
1,483,720
3,255,519
2,875,395
2,140,326
1,519,193
1,178,004
61,299
92,284
225,282
147,187
416,674
406,302
303,373
297,814
total shareholders funds
1,483,720
3,255,519
2,875,395
2,140,326
1,519,193
1,178,004
61,299
92,284
225,282
147,187
416,674
406,302
303,373
297,814
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
-1,784,621
478,442
921,889
766,716
420,682
1,378,508
-31,180
-133,780
98,244
-270,247
12,725
138,630
7,393
371,696
Depreciation
7,653
8,847
11,132
11,490
14,029
15,060
19,500
19,012
8,453
9,701
11,064
10,642
13,286
5,661
Amortisation
Tax
-89,165
-172,424
-145,698
-80,032
-261,943
-20,759
-3,275
-36,164
-2,162
-104,115
Stock
Debtors
168,674
4,084,781
-535,968
-583,153
-146,628
513,814
708,823
-57,530
245,788
57,599
30,368
115,778
128,680
293,571
Creditors
-1,122,103
1,253,180
-1,129,749
-689,168
-129,024
433,238
667,651
25,028
314,829
112,191
166,050
43,829
126,313
117,251
Accruals and Deferred Income
1,321,587
-218,392
492,461
Deferred Taxes & Provisions
Cash flow from operations
-1,746,158
-2,651,869
659,277
526,493
372,283
1,051,049
-52,852
-32,210
154,979
-205,954
156,196
41,159
16,150
96,922
Investing Activities
capital expenditure
-4,069
-2,004
-10,051
-3,870
-10,936
-1,744
-20,964
-50,687
-4,708
-5,615
-11,163
-3,872
-58,807
Change in Investments
-2,306,901
438,022
545,743
249,331
1,074,480
1,245
11,060
cash flow from investments
-4,069
2,304,897
-448,073
-549,613
-260,267
-1,076,224
-22,209
-50,687
-4,708
-5,615
-11,163
-3,872
-69,867
Financing Activities
Bank loans
Group/Directors Accounts
1,432,662
-294,881
803,189
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-5,825
5,825
share issue
30,090
interest
12,822
-9,153
-14,397
115
539
140
195
782
611
760
922
463
328
143
cash flow from financing
1,445,484
-304,034
782,967
5,940
539
140
195
782
611
760
922
463
328
30,233
cash and cash equivalents
cash
-304,743
-1,151,006
1,503,247
-26,255
112,555
-25,035
-74,866
-82,115
150,881
-210,809
145,955
37,750
16,478
57,288
overdraft
-500,000
500,000
change in cash
-304,743
-651,006
1,003,247
-26,255
112,555
-25,035
-74,866
-82,115
150,881
-210,809
145,955
37,750
16,478
57,288
qx limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for qx limited. Get real-time insights into qx limited's credit score, group structure and payment trends.
Perform a competitor analysis for qx limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other mid companies, companies in BD23 area or any other competitors across 12 key performance metrics.
castle chambers off mill bridge, skipton, north yorkshire, BD23 1NJ
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Legal Advisor
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qx limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 2 charges/mortgages relating to qx limited. Currently there are 0 open charges and 2 have been satisfied in the past.
qx limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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